According to Recode, Spotify is around $230 million for Gimlet. But when it's all said and done, Ek believes the move will position Spotify as more than just a streaming music service. The format is really evolving and while podcasting is still a relatively small business today, I see incredible growth potential for the space and for Spotify in particular.

Recode points out that the acquisition puts Spotify in the content creation business for the first time - something the company hasn't done in its nearly 11 years in the music industry.

"We are still at the dawn of the second golden age of audio, and we know Spotify is a flawless partner and platform to take Gimlet - and podcasting at large - to a new level", said Gimlet founders Alex Blumberg and Matt Lieber in a statement.

Gimlet spokesman Kevin Turner said the company's 120 employees would be joining Spotify.

In Ek's blog today he stated that "This opportunity starts with the next phase of growth in audio - podcasting".

What do you think of the Spotify podcast listening experience?

Spotify already boasts a presence in podcasting, having acquired shows from actress and comedian Amy Schumer and rapper Joe Budden.

"These acquisitions will meaningfully accelerate our path to becoming the world's leading audio platform, give users around the world access to the best podcast content".

Gimlet, based in NY, has produced several popular podcasts, including "Homecoming", a drama about a rehabilitation program for former military members that was made into an Amazon show starring Julia Roberts. Anchor will bring its platform of tools for podcast creators and its established and rapidly growing creator base. "We look forward to continuing to empower creators all over the world to build an audience, generate revenue, and most importantly, have their voices heard". Therefore, if the service can get more people to listen to a higher number of podcasts, maybe it can even become the world's largest.

Separately, Spotify announced that it had achieved its first quarterly profit, and for the first time in the firm's history, its operating income, net income, and free cash flow were all positive.

Wall has had three knee surgeries with his first dating back to September 2002 when he missed the first 33 games of the season. And Achilles injuries are known to be hard to return from at all, let alone do so at the skill level held prior.

Today is Safer Internet Day and Google has taken the opportunity to introduce a new Chrome extension called Password Checkup . Google has mentioned that this extension never reports any identifying information about your accounts, passwords, or device.

The Somali government is yet to comment on the attack, the latest in a series of vehicle bombs in Mogadishu by Al-Shabaab. The group last month launched a deadly attack in Kenya killing 21 people at a hotel complex in the capital Nairobi.

Ingram finished the night with 12 points, six rebounds and a single assist, while scoring with every other shot from the field. With James' return, the Lakers are looking to make significant additions for a late-season push.

Manchester United , of course, suits me a lot more than a club that struggles towards the bottom of the table. He's come into a situation where some people said he had nothing to lose - but he had everything to lose.

Back in December, she needed to have the locks changed after finding two other unusual men in her living room, WGHP reported. On Saturday, however, the woman realized it wasn't a supernatural spirit in her apartment after all, but a stranger.

Why it matters: An unpredictable magnetic north is making it hard for high accuracy navigation systems to remain fully functional. The pole has been the friend of navigators for millennia, beckoning compass needles from virtually every point on the planet.

The only hints as to who had taken the footage were the blue kayak and a glimpse of a human's red-tipped rubber shoes. After leaving the stick to dry out for a few weeks, the team discovered the files which may help to find the owner.

On Sunday, when the Axios story broke, Trump was finishing up a round of golf with Mulvaney at his golf club in Jupiter, Florida. Trump has grown more sure of his own judgment and more cut off from anyone else's than at any point since taking office".

Alessandro Gisotti of the Vatican press office later told CBS News that the order in question had been based in France. "There have been priests and also bishops who have done that", the Pope said of sexually abusing nuns.

Mobile vows not to raise prices if Sprint merger approved
T-Mobile has officially said that, when its merger with Spring merger is done , its customers will get to pay less and get more. CEO John Leger says if the FCC approves its $26 billion merger with Sprint, T-Mobile will put price increases on hold.

Japan's Nintendo, Line team up for new Mario mobile game
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